Despite the confusion, electric vehicle tax credits can benefit some consumers. So, it's important to know how the 2023 credit works and which vehicles currently qualify for the EV credit ...

The electric vehicle tax credit has been expanded and modified. Here are the rules, restrictions and how to qualify. Many or all of the products featured here are from our partners who compensate us.

A dealer can apply the tax credit to any leased electric vehicle, no matter where it's made, to reduce a customer's monthly ...

Eagerly anticipated federal guidance on the EV tax credit was released last month that limits which electric vehicles qualify for the $7,500 tax credit under the Inflation Reduction Act (IRA).

When new requirements for the EV tax credit took effect in April, the number of electric vehicles that qualified for the $7,500 tax break dropped dramatically. Right now only about a dozen cars ...

UPDATE (04/18/2023): Ten electric vehicles will be eligible for a $7,500 U.S. tax credit, while another seven could get $3,750 under new federal rules that went into effect on April 18 ...

Money Research Collective’s editorial team solely created this content. Opinions are their own, but compensation and in-depth research determine where and how companies may appear. Many featured ...

Most EVs for sale today do not qualify for the full federal tax credit under the Inflation Reduction Act because of where the vehicles or components are built. But leasing the vehicles can save ...

If enacted, this legislation would expand available tax credits to riders who purchase qualifying electric motorcycles in the US, with the same qualifications required for four-wheeled electric ...

PHOENIX (3TV/CBS 5) — Electric vehicles are becoming more and more common. Federal tax credits can make them a pretty attractive option. But not every EV qualifies for the credit, so there’s a ...

Electric vehicles are often associated with liberal coastal types ... is a centerpiece of the administration’s green-energy agenda, which is using tax credits and other incentives to try to make ...

Thanks to a boost from the government, leasing — not buying — is becoming the most affordable way to get your hands on an ...